Nabors Industries' Preferred Shares, Series A, Cross 7% Yield Mark
December 19, 2019 at 14:17 PM EST
In trading on Thursday, shares of Nabors Industries Ltd's 6.00% Mandatory Convertible Preferred Shares, Series A (NBR. RA) were yielding above the 7% mark based on its quarterly dividend (annualized to $3.00), with shares changing hands as low as $23.50 on the day.